Trading Strategies, Psychology

3 potential reasons why forward testing a new strategy is beneficial when amending trading plan
December 27, 2019

Warning: Turn your sensitivity meter down a little. This is a no sugar-coating, tell-it-how-it-is article (but rest assured it comes from a nurturing place).All over the globe, trading gurus attempt to sell their wares (software, the ‘holy grai...

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Trend retracement or reversal? – Can volume be a useful “clue”?
December 26, 2019

  Trading Volume: General principles Many experienced traders (even those using a simple system will incorporate volume as part of their entry (common) and/or exit (less common) system.It is essential (as with any indicator) th...

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Trading plan specifics – Articulating your trail stop strategy in your plan
December 23, 2019

 We have discussed many times the importance of unambiguous, and sufficiently specific statements within your trading plan in previous articles and at the weekly “Inner Circle” webinars (for more information see the Inner Circle in the n...

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Video: Matching trading strategy to an economic outlook
December 6, 2019

 At the recent GO Markets Daryl Guppy seminar, we had a presentation from Daryl that covered both an insightful economic outlook as well as some of his technical trading approaches.During the seminar, a question was asked about how to ma...

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US share or option trader: Managing currency risk?
November 26, 2019

 Many traders utilise shares or options amongst their investment strategies either for income or capital growth. One key factor that such traders may consider in their choice of specific markets to trade is liquidity, with a higher trad...

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The Stochastic as an Alternative to RSI (Relative Strength Index) for Trading Decision Making
November 19, 2019

 Ideally, as traders, our aim is often to identify potential entries at the start of a new trend (so “first in the queue”) and exit at the end of that trend. Of course, we often will identify a price move where a trend may already be...

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10 Ways to Manage Your Trading Psychology – a Blueprint for Development
November 14, 2019

Experts suggest that 80% of your trading outcomes can be attributed to your behavioural and psychological interactions with the market.It is your mindset that determines how well you comply with good trading, even if you are sufficiently disc...

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6 Practical Steps to Improve Trading Discipline: #3 Create the motivation to consider change
November 6, 2019

 In our previous articles we introduced the SIX steps to improving your trading discipline, offered some guidance on developing “awareness” and explored how to prioritise the trading discipline areas. If you haven’t yet read these arti...

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Cognitive Trading Biases: #2 – Minimalisation bias
October 29, 2019

 In a previous article we addressed the concept of cognitive trading biases as a barrier to potential successful implementation of a trading plan in the heat of the action you “press the button” on entry or exit action.This article d...

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Trading Time Management (with downloadable audit tool)
October 25, 2019

Trading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifest...

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Avoiding three pitfalls of shorter timeframe trading
October 14, 2019

  Trading short timeframes is a popular strategy choice for many traders. Indeed, the shorter time-frame charts e.g. 15 minutes or less, are often peddled by so called trading gurus as the optimum way to trade Forex and index/commod...

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Creating a trading edge – Is it possible?
October 7, 2019

 A trading edge is a certain approach or special system techniques that, in theory, gives a trader some type of advantage over other market participants, hence making a trader more likely to achieve positive trading results.Many are cyni...

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Six Steps to Improve Trading Discipline – #2 Prioritise and Identify your cause
September 24, 2019

 In a previous article we introduced the SIX steps to improving your trading discipline and offered some guidance on developing “awareness” with a downloadable ‘checklist’ for you to complete. Before we start, If you haven’t se...

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Getting started with your trading journal – Free Download
September 20, 2019

 Those of you who have attended any of our LIVE Inner Circle education sessions, or participated in our courses, will know that a regular theme covered is the importance and benefits of measuring your trading. One of the key tools we often d...

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Six Steps to Improve Trading Discipline – #1 Awareness
September 18, 2019

 With very rare exceptions every trader must battle with trading discipline at stages in their trading career. Commonly when we explore trading discipline, there is an obvious focus on what we will term “execution discipline”, that i...

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